The Indore Special Economic Zone (Special Provisions) Act 2003
madhya-pradesh · 2003
The scanned source for this Act is imperfect — headings or section boundaries may be off. Verify against the official source.
- S. 1The Indore Special Economic Zone (Special Provisions) Act 2003 establishes its title, application, and effective date.
- S. 2Section 2 defines key terms used in the Indore Special Economic Zone Act, including amenities, authority, co-developer, and occupier.
- S. 3The Development Commissioner oversees and coordinates the Indore Special Economic Zone's development, grants approvals, and enforces compliance with regulations.
- S. 4Section 4 designates the Development Commissioner as the Chief Conciliator for Indore Special Economic Zone disputes.
- S. 5The act allows the state government to appoint officers to assist the Development Commissioner in the Indore Special Economic Zone.
- S. 6Appointment of Developer (1) The State Government shall appoint a Developer for the purposes of development of the Z
- S. 7Section 7 allows the State Government to transfer land to the Developer and for the Developer to acquire land from private parties for non-agricultural purposes.
- S. 8Functions of the Developer
- S. 9Section 9 grants the Developer authority to set rates for land transfers and levy charges for amenities and infrastructure in the Special Economic Zone.
- S. 10The Developer can hire others to provide infrastructure or amenities and charge for their use.
- S. 11Section 11 grants the Developer authority to generate, distribute, and sell electricity within the Indore Special Economic Zone, overriding state electricity laws.
- S. 12Section declares the Special Economic Zone as an industrial township area, exempting it from certain municipal laws.
- S. 13Section exempts certain goods and services within the Indore Special Economic Zone from state taxes, duties, and cess.
- S. 14Section 14 overrides any conflicting state laws for the Indore Special Economic Zone.
- S. 15Section 15 protects individuals from legal action for good faith actions taken under the Indore Special Economic Zone Act.
- S. 16Section 16 grants the State Government power to issue orders to resolve difficulties in implementing the Act, subject to legislative oversight.
- S. 17Power to make rules (1) The State Government may, by notification, make rules to carry out the purposes of this Act
- S. 18Section 18 grants the Development Commissioner authority to create regulations for implementing the Act's provisions, including electricity tariff fixation.
- S. 19Section 19 preserves rights, obligations, and penalties under other laws within the Indore Special Economic Zone.